 Governance has become the watchword for the new regulatory administration. NorthBrook can provide Senior Management and Boards with third party independent assessments on the quality of portfolios on an individual loan basis. The credit and collateral grades are reported separately then aggregated for portfolio level analytics.
An organization may use the independent assessments for many purposes including:
- Providing third party support in the organization’s dealing with regulators
- Providing independent validations for investors and funders
- Assessing Fair Value accounting estimates as it relates to the credit quality and realization values
- Assessment of underwriting standards – is the lending institution getting the credit quality it expects from its guidelines.
- Assessing pricing strategy in the context of the level of credit or collateral risk taken
- Assessing the on-going mix of credit risk within give portfolios or across the balance sheet
- Assessing estimates of realization values of delinquent loans based on their collateral grades
- Assessing the credit profile of portfolio for purchase
- Providing the Board of Directors with independent 3rd party credit assessment
Credit and collateral assessments can be completed on a one-time, monthly, quarterly or on an annual basis.
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Independant Assessments